In the March review, Citigroup improved its forecast for the average annual price of Brent crude for the current year from $64 to $70 per barrel, Bloomberg reported. Citigroup experts expect that in the second quarter, this sort of oil will cost an average of $69 per barrel, in the third quarter - $74, and in the fourth quarter - $72 per barrel. The forecast for the first quarter of 2020 also increased from $62 to $65 per barrel. New expert estimates are based on the assumption that supplies from Venezuela, Iran, Nigeria and Algeria will continue to decline amid further reductions in commercial stocks of raw materials.
Thailand GDP growth lower than forecast, says central bank18.02.2020
HSBC reports 2019 annual profit, falls 33% short of forecasts18.02.2020
Euro underperforms on frail market sentiment, Aussie dollar suffers on data forecast14.02.2020
Asian shares gain, on its way to second straight week